Megatron Investment has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.megatroninvest.com.
I found Megatron Investment while looking for alternatives to my previous provider and the initial impression was positive. But for nearly two years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Low minimum deposit|Market news feed
Cons: No integrated tax optimization|Withdrawal takes 1-2 business days
I signed up with Megatron Investment through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Reliable uptime|Instant funding
Cons: None so far
My card was charged twice by Megatron Investment on the same day. I had to dispute it with my bank. Megatron Investment then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Transparent fees|Detailed reporting
Cons: No fractional shares|No phone support on weekends
The onboarding at Megatron Investment was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Competitive fees|Great customer service|Fast support response
Cons: No live chat on mobile|Slow to add new assets
I want to warn everyone about Megatron Investment. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Megatron Investment had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Risk management tools|Comprehensive tools|Educational resources|Responsive team
Cons: Minimum deposit could be lower
After seeing ads for Megatron Investment online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
Do not use Megatron Investment for anything serious. I used them for nearly two years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Excellent charting|Easy withdrawals|Regular updates|Comprehensive tools
Cons: None so far|Email notifications too frequent
I gave Megatron Investment a fair chance. After for about three months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Fast support response|Intuitive for beginners
Cons: Research section could be deeper